4.4 • 796 Ratings
🗓️ 11 July 2024
⏱️ 17 minutes
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We hear from Democrat fundraisers who are divided over whether he should pull out of the campaign for re-election.
In the past week, since Joe Biden's disastrous debate performance, a number of donors have publicly warned they will withhold funds unless Mr Biden is replaced as the Democratic party candidate.
Pressure on Mr Biden, 81, to step aside has grown, including from Hollywood celebrities George Clooney and Michael Douglas.
However he has vowed to stay on, taking on Donald Trump, 78, in the November presidential election.
Produced and presented by Ed Butler
(Image: President Joe Biden speaks during a 4th of July event on the South Lawn of the White House on July 4, 2024 in Washington, DC. Credit: Getty Images)
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0:00.0 | Hi there, I'm Ed Butler. Welcome to Business Daily from the BBC World Service. |
0:05.4 | Today, the heat is on President Joe Biden. Should he stand or not in the forthcoming US election? |
0:12.9 | He needs to step down. I have very much appreciated all the work of the last four years. |
0:19.4 | But I feel very, very concerned that if he remains |
0:23.1 | at the top of the ticket, we will lose in November. Yes, following some faltering debate and |
0:29.4 | interview performances, a growing number of leading Democratic donors are breaking ranks to suggest |
0:35.1 | that Joe Biden should stand down. |
0:42.0 | What does this say about the role of big money in U.S. politics? |
0:47.0 | It's a bad look, and it reflects poorly, frankly, on, I think, the donor class. |
0:51.5 | And it shows a fair amount of contempt for Democratic voters. |
0:54.4 | The donors move on President Biden. |
0:56.3 | That's Business Daily from the BBC. |
1:05.5 | Making sure that we're able to make every single solitary person eligible for what I've been able to do with the COVID, excuse me, with dealing with everything we have to do with, look, if we finally beat Medicare. |
1:20.2 | Thank you, President Biden, President Trump. |
1:21.9 | This is how the daily drumbeat of pressure on the president began. |
1:26.2 | Over this performance, in the first televised debate between |
1:29.8 | the 81-year-old Joe Biden and his 78-year-old Republican opponent, Donald Trump, last month. |
1:37.0 | I really don't know what he said at the end of that sentence. I don't think he knows what he said either. |
1:41.2 | Look, all he had to do is... Well, the taunts of his rival for the |
1:44.6 | presidency may be predictable, but Joe Biden's age, as the oldest serving president in history, |
1:51.0 | was already a talking point. Now, its leading figures within the party, though, like the Hollywood |
1:57.6 | star and leading fundraiser George Clooney, who are stating openly in a newspaper editorial |
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